Stats NZ released migration data for October, which showed that large numbers of Kiwis continue to leave, mostly for Australia.
Net migration was only 11,929 in the year to October, down from a net gain of 35,400 in the October 2024 year.
The current net migration inflow is a fraction of the circa 130,000 peak in 2023 and is well below the decade’s average annual net inflow of about 50,000.
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